NOVO NORDISK A/S-B (NOV.DE) Technical Analysis
FRA:NOV • DK0062498333
Current stock price
NOV.DE Technical Rating and Analysis
Taking everything into account, NOV scores 0 out of 10 in our technical rating. NOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than NOV.
- NOV is one of the lesser performing stocks in the Pharmaceuticals industry. 80% of 52 stocks in the same industry do better.
- NOV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NOV is lagging the market.
- NOV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
NOV.DE Weekly and Daily overview Charts
NOV.DE Setup Rating and Analysis
Although the technical rating is bad, NOV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
NOV.DE Support and Resistance Analysis
31.24
We can see 5 important resistance areas.
- Resistance @34.25 from a horizontal line in the daily time frame.
- Resistance @43.89 from a trend line in the weekly time frame.
- Resistance @46.79 from a trend line in the weekly time frame.
- Resistance @51.08 from a trend line in the daily time frame.
- Resistance @52.45 from a horizontal line in the daily time frame.
NOV.DE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV.DE is down. |
| ChartMill Relative Strength | 3.7 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 96.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.42 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests NOV.DE has a positive trend. |
| Stochastics (14,3) | 28.29 | NEUTRAL | The Stochastics value for NOV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 37.68 | POSITIVE | The high ADX value value for NOV.DE suggests a strong trend. |
NOV.DE Chart- and CandleStick Pattern Analysis
NOV.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:NOV (4/2/2026, 7:00:00 PM)
31.555
+0.23 (+0.75%)
NOVO NORDISK A/S-B / NOV.DE TA FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 0 / 10 to NOV.DE.
Can you provide the trend direction for NOVO NORDISK A/S-B?
The current trend direction for NOVO NORDISK A/S-B (NOV.DE) is Bearish.
What is the RSI signal for NOVO NORDISK A/S-B (NOV.DE) stock?
NOVO NORDISK A/S-B (NOV.DE) has an RSI value of 37.4237. This indicates that the stock is currently neutral.
What is the short term momentum for NOVO NORDISK A/S-B (NOV.DE) stock?
The short term momentum for NOVO NORDISK A/S-B (NOV.DE) is negative.
What is the buy/sell signal for NOV stock?
The buy/sell signal for NOVO NORDISK A/S-B (NOV.DE) is sell as both the short term and long term trends are negative.